By the Numbers | December
by Osman Parvez
Here’s a fresh look at the Boulder market, with data through the end of last month.
45 houses sold during December, 18% for more than the asking price. Despite the bidding wars, the median negotiated discount was 1.5%.
Let’s take a closer look at the numbers…
A couple of things to note
- As prices move upward, so do the negotiated discounts.
- Within the data set are a few transactions with large discounts and premiums. Market knowledge is power. Mis-pricing is caused by lack of knowledge. It usually results in leaving money on the table.
- If you’re looking for expert advice on buying or selling your next Boulder home, don’t hesitate to call. We love helping buyers and sellers make smarter real estate decisions.
Note: The next Boulder Real Estate meetup has been scheduled. We’ll be discussing market conditions and best practices for bidding wars. We’re meeting on January 22nd at 7pm. Space is limited. RSVP HERE.
—
As always, your referrals are deeply appreciated.
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
By the Numbers | December
by Osman Parvez
Here’s a fresh look at the Boulder market, with data through the end of last month.
45 houses sold during December, 18% for more than the asking price. Despite the bidding wars, the median negotiated discount was 1.5%.
Let’s take a closer look at the numbers…
A couple of things to note
- As prices move upward, so do the negotiated discounts.
- Within the data set are a few transactions with large discounts and premiums. Market knowledge is power. Mis-pricing is caused by lack of knowledge. It usually results in leaving money on the table.
- If you’re looking for expert advice on buying or selling your next Boulder home, don’t hesitate to call. We love helping buyers and sellers make smarter real estate decisions.
Note: The next Boulder Real Estate meetup has been scheduled. We’ll be discussing market conditions and best practices for bidding wars. We’re meeting on January 22nd at 7pm. Space is limited. RSVP HERE.
—
As always, your referrals are deeply appreciated.
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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